Time and tide wait for no man: pioneers and laggards in the deployment of CCS
In Europe the ambitions of individual countries to deploy carbon capture and storage (CCS) technologies are diverse. Reasons for this are, amongst other things, the heterogeneity of national electricity generation systems and storage capacities and the differences in the public perception of these technologies. In this analysis we investigate the consequences of partial deployment of CCS, i.e. we consider a situation where some European countries (the â€œpioneersâ€) actively deploy CCS technologies, while others (the â€œlaggardsâ€) do not use CCS. Our study focuses on the question whether it pays throughout to be a pioneer and whether laggards will generally be disadvantaged. In our assessment, we take into account impacts on consumers affected from rising electricity prices, electricity suppliers whose profits are influenced by changes in both electricity prices and sales, and international trade-flow changes (modifications in European electricity import/export patterns).
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Shackley, Simon & Waterman, Holly & Godfroij, Per & Reiner, David & Anderson, Jason & Draxlbauer, Kathy & Flach, Todd, 2007. "Stakeholder perceptions of CO2 capture and storage in Europe: Results from a survey," Energy Policy, Elsevier, vol. 35(10), pages 5091-5108, October.
- Gunnar Luderer & Valentina Bosetti & Michael Jakob & Marian Leimbach & Jan Steckel & Henri Waisman & Ottmar Edenhofer, 2012. "The economics of decarbonizing the energy system—results and insights from the RECIPE model intercomparison," Climatic Change, Springer, vol. 114(1), pages 9-37, September.
- Göransson, Lisa & Johnsson, Filip, 2009. "Dispatch modeling of a regional power generation system – Integrating wind power," Renewable Energy, Elsevier, vol. 34(4), pages 1040-1049.
- Dirk Rübbelke & Stefan Vögele, 2013. "Short-term distributional consequences of climate change impacts on the power sector: who gains and who loses?," Climatic Change, Springer, vol. 116(2), pages 191-206, January.
- Perino, Grischa & Requate, Till, 2012.
"Does more stringent environmental regulation induce or reduce technology adoption? When the rate of technology adoption is inverted u-shaped,"
Economics Working Papers
2012-05, Christian-Albrechts-University of Kiel, Department of Economics.
- Perino, Grischa & Requate, Till, 2012. "Does more stringent environmental regulation induce or reduce technology adoption? When the rate of technology adoption is inverted U-shaped," Journal of Environmental Economics and Management, Elsevier, vol. 64(3), pages 456-467.
- Rübbelke, Dirk & Vögele, Stefan, 2013.
"Effects of carbon dioxide capture and storage in Germany on European electricity exchange and welfare,"
Elsevier, vol. 59(C), pages 582-588.
- Dirk Rübbelke & Stefan Vögele, 2012. "Effects of Carbon Dioxide Capture and Storage in Germany on European Electricity Exchange and Welfare," Working Papers 2012-05, BC3.
- Till Requate, 2005. "Timing and Commitment of Environmental Policy, Adoption of New Technology, and Repercussions on R&D," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 31(2), pages 175-199, 06.
- van Soest, Daan P., 2005. "The impact of environmental policy instruments on the timing of adoption of energy-saving technologies," Resource and Energy Economics, Elsevier, vol. 27(3), pages 235-247, October.
When requesting a correction, please mention this item's handle: RePEc:bcc:wpaper:2013-13. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sergio Faria)
If references are entirely missing, you can add them using this form.